Paymentus: Q4 Earnings Snapshot

Associated Press Finance
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CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Paymentus Holdings Inc. (PAY) on Monday reported profit of $9.4 million in its fourth quarter.

The Charlotte, North Carolina-based company said it had profit of 7 cents per share. Earnings, adjusted for stock option expense and amortization costs, were 11 cents per share.

The electronic bill payment services posted revenue of $164.8 million in the period.

For the year, the company reported profit of $22.3 million, or 18 cents per share. Revenue was reported as $614.5 million.

For the current quarter ending in March, Paymentus said it expects revenue in the range of $170 million to $176 million.

The company expects full-year revenue in the range of $720 million to $744 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAY at https://www.zacks.com/ap/PAY

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